Saving in times like these can feel like an uphill battle, not only are there incredibly unpredictable and even unstable effects of the ongoing pandemic but there is a laundry list of resulting problems. Some of the biggest concerns are issues like inflation, monetary stability, and stock market volatility. While there really isn’t anything you can do to stop the negative effects of these things entirely, there is a powerful investment tool that has been used for generations to mitigate inflationary decay and hedge against other potential financial instability.
Gold has been one of the primary stores of wealth for hundreds if not thousands of years. Just over the last two decades, the price of gold has risen more than 550% as of the time of writing, but one of the other significant problems for those wanting to get into gold investing is the accessibility and capital requirements that have been common for many years. Acre Gold and similar companies are changing that and reinventing saving for many people.
Why Investing Instead Of Savings Accounts?
We all know that saving can be incredibly difficult even in a good economy, but trying to fund a savings account in an economy with the level of turbulence and volatility introduced by the pandemic can be nearly impossible. What’s worse, is once you have some money in savings, it does absolutely nothing for you but loses value.
That’s right, even with interest the money you put into savings is going to rot away and diminish from inflationary decay. One of the best ways to hedge that reduction in your dollar’s power, however, is to invest your money instead of saving it. While you are still essentially parking those assets for the long-term, investing allows that money to continually work for you, either by increasing value at a rate sufficient to negate inflation, or by devaluing at a slower rate than other investments.
This means that in many cases, no matter how you invest your money, it will be safer and more resistant to losing value than any checking or savings account you can open. One of the few downsides to investing, however, is that many forms of investing are significantly influenced by swings in the market at large. Gold is one of the few options that also minimize this risk.
Why Gold?
When it comes to investments and storing wealth, investors want to minimize risk as much as possible, which is something that gold does wonderfully. Physical gold has been trusted for thousands of years as a reliable and portable store of wealth but has historically only been accessible as a savings vehicle for the high net worth and ultra-high net worth markets since only larger denominations like 1 oz, 10 oz, and 1 kg gold bars.
One of the advances that the new gold market technology has brought to the consumer investing table is the ability to invest in gold with more limited budgets. With traditional investment vehicles like buying stock in prospecting or mining companies, or in refinery operations, even participating in ETFs representing the gold industry or market, brokerages often required significant initial deposits to begin investing.
Now, subscription services like Acre Gold are changing that, and not only making gold investment and physical possession easy, but affordable and accessible to many more people.
What Makes Acre Gold Special?
Acre Gold offers a significant change to the traditional gold ownership framework where you either invest in gold-backed funds or take physical ownership of pre-melted gold bars, rounds, or coins. They allow a subscription-based model to gold ownership where the investor makes a monthly deposit, and once the threshold is crossed where they have deposited the value of a small gold bar, it is then shipped discreetly to the investor.
Since Acre Gold offers gold bars as small as 2.5g, 5g, and 10g, investors can begin collecting bars of fine gold bars and feeling the collective weight of their investment decisions in their hands. There are few people who will know what it’s like to hold their own gold bars, and Acre Gold makes that a possibility for anyone.
Changing Saving Forever
By making gold accessible to people who may only be able to save $100, $50, or even just $30 per month, Acre Gold is making secure and long-term savings possible for millions of people. This helps more average people save their money in a way that market swings or even political turmoil have a hard time devaluing.